March 19, 2018
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In Contracts. A sum of money due by certain and express agreement. All that is due a man under any form of obligation or promise.
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- THE UCC CONNECTION
- Glossary: ACKNOWLEDGMENTAdmission, concession, confession, avowal.
- Glossary: ASSET CURRENCYA currency that is backed by all who are legally or equitable chargeable with its obligation, and with everything which can be made available for the payment of debt.
- Glossary: CHOSE IN ACTION
- Glossary: CREDITThe ability to borrow, on the opinion conceived by the lender that he will be repaid.
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